Mindteck gains on inking MoU with NPTI

09 Mar 2018 Evaluate

Mindteck (India) is currently trading at Rs. 62.20, up by 1.15 points or 1.88% from its previous closing of Rs. 61.05 on the BSE.

The scrip opened at Rs. 65.95 and has touched a high and low of Rs. 65.95 and Rs. 62.20 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 91.90 on 07-Apr-2017 and a 52 week low of Rs. 60.05 on 08-Mar-2018.

Last one week high and low of the scrip stood at Rs. 70.00 and Rs. 60.05 respectively. The current market cap of the company is Rs. 158.97 crore.

The promoters holding in the company stood at 64.51%, while Institutions and Non-Institutions held 0.09% and 35.39% respectively.

Mindteck (India) has signed a Memorandum of Understanding (MoU) with National Power Training Institute (NPTI) on March 05, 2018.

The MoU inter alia envisages cooperation between Mindteck India to work together in an integrated and collaborative manner in relation to all such areas covering Industry, Utilities and all other involved stakeholders. Also, assist each other in Entrepreneurship Development Programs, Testing Protocols, Commercialization of R&D activities, etc. and jointly work towards enhancing and expending the capacity, capability, facility and infrastructure through resource mobilization and aligning by forming national and international alliances and institutional partnerships to seize the opportunities that are expected and propel the needs in various areas including E-Mobility, Energy Storage and Smart City developments.

Mindteck, a global technology company, provides Product Engineering solutions and Information Technology services to top-tier Fortune 50-1,000 companies, start-ups, leading universities and government entities worldwide.


Mindteck Share Price

203.25 -4.25 (-2.05%)
28-Mar-2024 16:01 View Price Chart
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